Score
ARUM
Vanuatu|5-10 years| http://arumtrade.com/
Website
Rating Index
Contact
Licenses
Licensed Institution：ARUM Trade LTD
License No.：40490
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Vanuatu
5-10 years Suspicious Regulatory License Suspicious Scope of Business Vanuatu Retail Forex License Revoked High potential riskAccount Information
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Mkt. Analysis
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WikiResearchWebsite
arumtrade.com
Server Location
Russia
Website Domain Name
arumtrade.com
Server IP
159.69.236.252
Company Summary
| ARUMReview Summary | |
| Founded | 2018-04-12 |
| Registered Country/Region | Vanuatu |
| Regulation | Revoked |
| Market Instruments | Currency Pairs/Indices/Stocks/Cryptocurrencies/Metals/Energies |
| Demo Account | Not mentioned |
| Leverage | Up to 1:200 |
| Spread | As low as 0.0 pips |
| Trading Platform | Not mentioned |
| Min Deposit | Not mentioned |
| Customer Support | Phone: +357 250 572 18 |
ARUM Information
ARUM is a broker. The tradable instruments with a maximum leverage of 1:200 include stocks, currency pairs, indices, cryptocurrencies, metals, and energies. The minimum spread is from 0.0 pips. ARUM is still risky due to its unregulated status, high leverage, and inaccessible office website.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:200 | Revoked |
| Spread as low as 0.0 pips | Inaccessible office website |
| Various tradable instruments | Unspecific information |
| 24/7 customer support |
Is ARUM Legit?
VFSC regulates ARUM with a revoked status, which makes it less safe than regulated brokers.
What Can I Trade on ARUM?
Traders can choose different investment directions because the broker provides stocks, currency pairs, indices, cryptocurrencles, metals, and energies.
| Tradable Instruments | Supported |
| Currency Pairs | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
ARUM Fees
Commissions free on major instruments and spreads are from 0.0 pips.
Leverage
The maximum leverage is 1:200 meaning that profits and losses are magnified 200 times.
Deposit and Withdrawal
The minimum deposit is unknown. Deposit and withdrawal methods include MasterCard, VISA, Skrill, etc.
Customer Support Options
ARUM provides 24/7 customer support; traders can contact the broker via phone.
| Contact Options | Details |
| Phone | +357 250 572 18 |
| Supported Language | English |
| Website Language | English |
| Physical Address | Not mentioned |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Vanuatu Retail Forex License Revoked
- High potential risk
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